Loan & Debt4 Sept 2026, 05:50 pm
Regency Fincorp Approves ₹75 Cr NCD Issue
AI Summary
Regency Fincorp Ltd announced board approval for the issuance of Listed Rated Secured Non-Convertible Debentures (NCDs) aggregating ₹75 crore on a private placement basis. The issuance includes a base issue of ₹25 crore and a green shoe option of ₹50 crore. The NCDs will have a face value of ₹10,000 each, a tenure of 30 months, and an annual interest rate of 13.00% payable monthly. Principal repayment is structured with 30% at 18 months, 30% at 24 months, and 40% at 30 months. Catalyst Trusteeship Limited has been appointed as the Trustee, and Horizon Management Private Limited as the Merchant Banker for this issuance. The NCDs are proposed to be listed on BSE Limited.
Key Highlights
- Board approved issuance of ₹75 crore Secured, Rated, Listed NCDs.
- NCDs to be issued on private placement basis with 13% annual interest.
- Catalyst Trusteeship appointed as Trustee, Horizon Management as Merchant Banker.
- NCDs will be listed on BSE Limited.
- Structured principal repayment over 30 months.
Price Impact
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